JTL Industries Balance Sheet Health
Financial Health criteria checks 5/6
JTL Industries has a total shareholder equity of ₹11.9B and total debt of ₹456.6M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are ₹13.3B and ₹1.4B respectively. JTL Industries's EBIT is ₹1.4B making its interest coverage ratio -89.3. It has cash and short-term investments of ₹1.7B.
Key information
3.8%
Debt to equity ratio
₹456.62m
Debt
| Interest coverage ratio | -89.3x |
| Cash | ₹1.75b |
| Equity | ₹11.87b |
| Total liabilities | ₹1.45b |
| Total assets | ₹13.32b |
Recent financial health updates
No updates
Recent updates
Investors Interested In JTL Industries Limited's (NSE:JTLIND) Earnings
Aug 27
We Think You Should Be Aware Of Some Concerning Factors In JTL Industries' (NSE:JTLIND) Earnings
May 21JTL Industries Limited's (NSE:JTLIND) Shares Leap 25% Yet They're Still Not Telling The Full Story
Apr 30Investors Give JTL Industries Limited (NSE:JTLIND) Shares A 27% Hiding
Mar 12Shareholders In JTL Industries (NSE:JTLIND) Should Look Beyond Earnings For The Full Story
May 04The Trend Of High Returns At JTL Industries (NSE:JTLIND) Has Us Very Interested
Apr 27Do JTL Industries' (NSE:JTLIND) Earnings Warrant Your Attention?
Apr 05Financial Position Analysis
Short Term Liabilities: JTLIND's short term assets (₹9.8B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: JTLIND's short term assets (₹9.8B) exceed its long term liabilities (₹54.2M).
Debt to Equity History and Analysis
Debt Level: JTLIND has more cash than its total debt.
Reducing Debt: JTLIND's debt to equity ratio has reduced from 70.2% to 3.8% over the past 5 years.
Debt Coverage: JTLIND's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JTLIND earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 20:56 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
JTL Industries Limited is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Antique Stockbroking Ltd. |
| Sneha Talreja | Nuvama Wealth Management Limited |
| Lokesh Kashikar | SMIFS Limited |